Online learning platform Newsela has received $50m in series C funding from TCV, six years after graduating from Kaplan’s accelerator and securing funding from the corporate.

IU Philanthropic Venture Fund was among the investors in the contact centre platform creator's round, which will help grow the business through recruitment and product development.

The series A round reportedly featured UCLA Ventures, with the cash going towards expanding the business and technology for FanFood’s events concession app.

The freight services marketplace, which counts Flipkart as an investor, is set to raise $100m to $150m in its latest round, at an $800m valuation.

The SIG-backed hotel booking portal is set to raise up to $50m in a series B round that is being led by venture firm Qiming Venture Partners.

Existing investors Tencent and General Atlantic have supplied up to $11.4m of additional funding for Byju's, which was valued at at least $3.6bn as of December.

DSG Consumer Partners made a four-times return on its investment in corporate-backed Oyo, exiting as part of its recent $1bn round.

The Fosun-backed wedding services marketplace will use the proceeds from the series D-1 round to further develop its AI and big data technologies.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Logistics company Global Logistics Properties has co-led a series B round for Zongteng, a cross-border logistics services provider, with Cathay Capital.